But this is the average of just the reported sales. He didn’t share any of his lower sales in February.

Mike shared some data from a random day in February that more closely reflects Mike’s business:

Domains sold Fri: 8
Total: $29,690
Avg: $3,711
Notice a growing unbreakable trend?
The average used to be around a thousand dollars a few years ago, so the average price has gone way up and the size of the collection is dramatically larger, making the asset incredibly valuable and growing fast perpetually.

Mike Mann is the owner of DomainMarket.com that offers more than 300,000 premium domain names for sale. Mike sells more domains as he is only reporting what he wants to report. Yes, his overall sales average is below $5,000 so the reported average means that there were quite a few not reported sales for less than $5,000.

I hope there is not someone that thinks that these are all the domains that Mike sold this month. These are just the domains that he chose to report. Also he is purchasing hundreds of domains each month yet he reports only 1 or 2 or not at all. If people were selling only what they were reporting then I wouldn’t have any sales this year!

(One thing to remember is that Mike Mann needs to sell about $2.5+ million worth of domains per year to break even and that he is NOT a flipper. The average holding time for his sold domains is usually more than 5 years.)

About Konstantinos Zournas

Konstantinos studied Computer Engineering and Computer Science in London and lives in Athens, Greece. He loves domains and building websites. He is online since 1995, learned about html in 1996 and got into domains in 2002. He started the OnlineDomain.com blog in 2012.

2 comments

I think the reason MM sells so many domains is who he knows and who know him .’
Im struggling to even get a nibble on these domains .
Pirateraider.com
Baywarrior.com
RebootPub.com
MorningTutor.com
VerifiedGay.com
HarmonyGram.com
CalaABoca.com
LefthandedLovers.com
KosherCrypto.com
LifeInTheFastChain.com
InHomeDeliveries.com
JoeTwoRivers.com
HateInAmerica.com